Metro Brands Ltd posts consolidated Q3FY23 net profit of Rs. 111.95 crores

Metro Brands Limited has reported Consolidated financial results for the period ended December 31, 2022.

Financial Results (Q3 FY2023) - QoQ Comparison

The company has reported total income of Rs. 613.34 crores during the period ended December 31, 2022 as compared to Rs. 488.07 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. 111.95 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. 76.25 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. 4.10 for the period ended December 31, 2022 as compared to Rs. 2.80 for the period ended September 30, 2022.

Financials	Q3 FY2023	Q2 FY2023	% Change
Total Income	₹613.34 crs	₹488.07 crs	25.67%
Net Profit	₹111.95 crs	₹76.25 crs	46.82%
EPS	₹4.10	₹2.80	46.43%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.613.34 crores during the period ended December 31, 2022 as compared to Rs.495.78 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.111.95 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.101.27 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.4.10 for the period ended December 31, 2022 as compared to Rs.3.80 for the period ended December 31, 2021.

Financials	Q3 FY2023	Q3 FY2022	% Change
Total Income	₹613.34 crs	₹495.78 crs	23.71%
Net Profit	₹111.95 crs	₹101.27 crs	10.55%
EPS	₹4.10	₹3.80	7.89%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.1618.64 crores during the 9 Months period ended December 31, 2022 as compared to Rs.985.05 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.292.96 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.142.80 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.10.74 for the 9 Months period ended December 31, 2022 as compared to Rs.5.41 for the 9 Months period ended December 31, 2021.

Financials	9 Months Ended FY2023	9 Months Ended FY2022	% Change
Total Income	₹1618.64 crs	₹985.05 crs	64.32%
Net Profit	₹292.96 crs	₹142.80 crs	105.15%
EPS	₹10.74	₹5.41	98.52%

Shares of Metro Brands Limited was last trading in BSE at Rs. 844.40 as compared to the previous close of Rs. 847.20. The total number of shares traded during the day was 26535 in over 2514 trades.

The stock hit an intraday high of Rs. 869.25 and intraday low of 830.00. The net turnover during the day was Rs. 22483979.00.

Source : Equity Bulls

Keywords

MetroBrands Q3FY23 ResultUpdate 9MFY23